Question

if service provider paid sales tax ????

paid means how much paid in the month?

Dear sir, can u provide taxability of dermatologist service & skin care services in GST. 

Hi Sir,

We are the service provider.......so taking service tax .......

If our paid sales tax ?????? how much paid sales tax in every month ????

express the following in the form of p/q and reduce it to the lowest terms -0.006

Hi,

We sell certain products below purchase price.

In vat regime we markup 5% and pay taxes and then discount is deducted. This is to avoid under invoicing. But can we follow this im gst?

This system clashes with the format of applying tax to the discounted value. Some customers also objects this method as it doesnt get synchronized with their system.

Thank you.

Office Taken on Rent from Ansal Properties @ Rs. 15000/- Per Month, One Month Rent and Two month Rent as security deposit given by cheque

As  per me entry should be

1)Security Deposit A/c Dr. Rs.30000

2)Prepaid Rent A/c Dr. 15,000

       TO Bank A/c Rs.45,000

On 1st of next month

Rent A/c Dr. Rs.15,000

      To Bank A/c 15,000

As per me The Entry also can be made like this

Ansal Property A/c Dr. Rs.30,000/

    To Bank A/c   Cr.    Rs.30,000/-

(Being Security Deposit paid to M/s Ansal Properties for Office Space)

Prepaid Rent A/c Dr. 15,000/-

    To, Bank A,c Dr. 15,000/-

If we utilise the office for complete month then on first of next month we should make entry

Rent A/c Dr. 15,000

    To, Bank A/c Dr.15000

To Fitoos the Prepaid Rent Entry

It is possible that we only give Two month Security deposit and rent for the month will be actually paid on next month that too after receipt of rent receipt.

x+y<24,  2x+y<32,  x>0,  y>0